Sobha (BOM:532784) PB Ratio : 6.81 (As of May. 16, 2024)

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What is Sobha PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-16), Sobha's share price is ₹1787.85. Sobha's Book Value per Share for the quarter that ended in Dec. 2023 was ₹262.70. Hence, Sobha's PB Ratio of today is 6.81.

The historical rank and industry rank for Sobha's PB Ratio or its related term are showing as below:

BOM:532784' s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 1.83 Max: 6.47
Current: 6.47

During the past 13 years, Sobha's highest PB Ratio was 6.47. The lowest was 0.52. And the median was 1.83.

BOM:532784's PB Ratio is ranked worse than
95.96% of 1757 companies
in the Real Estate industry
Industry Median: 0.82 vs BOM:532784: 6.47

During the past 12 months, Sobha's average Book Value Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sobha was 135.80% per year. The lowest was -4.30% per year. And the median was 6.85% per year.

Back to Basics: PB Ratio

Sobha PB Ratio Historical Data

The historical data trend for Sobha's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sobha PB Ratio Chart

Sobha Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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2.18

0.53

1.70

2.78

1.64

Sobha Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															-	1.64	-	2.69	-

Competitive Comparison of Sobha's PB Ratio

For the Real Estate - Development subindustry, Sobha's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sobha's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sobha's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sobha's PB Ratio falls into.

Sobha PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Sobha's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1787.85	/	262.704
	=	6.81

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Sobha (BOM:532784) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Sobha PB Ratio Related Terms

Thank you for viewing the detailed overview of Sobha's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Sobha (BOM:532784) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sobha Ltd (BOM:532784) » Definitions » PB Ratio

Traded in Other Exchanges

SOBHA:India

Address

SOBHA, Sarjapur - Marathahalli Outer Ring Road, Devarabisanahalli, Bellandur Post, Bangalore, KA, IND, 560103

Website

https://www.sobha.com

Sobha Ltd is engaged in the real estate business. The company is engaged in the development and construction of the properties. The company is operating in two segments: The Real estate segment and the Contractual and manufacturing segment. The real Estate segment (RE) is into the development, sale, management, and operation of all or any part of townships, and housing projects also include leasing of self-owned commercial premises. The contractual and manufacturing Segment (CM) is into the development of commercial premises and other related activities, also including manufacturing activities related to interiors, glazing and metal works and concrete products. It generates its revenue from the Real Estate segment.

Sobha (BOM:532784) Headlines

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